Seller's Agent in 2025
Sarah Scanlan
BHG Masiello Atkinson
(603) 231-0809
5 in this area
40 Total Sales
4
Beds
1
Bath
1,306
Sq Ft
7,405
Sq Ft Lot
Highlights
- Deeded Waterfront Access Rights
- Boat or Launch Ramp
- Deck
- Lake Front
- Community Boat Launch
- Raised Ranch Architecture
About This Home
As of January 2025Embrace lakeside living! Wake up every day to the stunning sights and tranquil sounds of Rainbow Lake. This charming 4-bedroom home, located on a peaceful dead-end street in the heart of Derry, offers endless potential. The first floor features an inviting eat-in kitchen that opens onto a back deck with breathtaking lake views, a cozy living room, a bathroom, a pantry, and a convenient laundry area. Stay warm in the winter with a pellet stove or the new gas heater. Upstairs, you’ll find four bedrooms. The property boasts ample space to park your camper and sheds to store your lawn tools and fishing gear. Residents can enjoy a private beach complete with docks and a sandy picnic area for a nominal annual fee. Located in the desirable Derry School District, this home is conveniently close to all amenities and offers easy access to routes leading to Boston, the Seacoast, and the White Mountains.
Last Agent to Sell the Property
BHG Masiello Atkinson License #070450 Listed on: 10/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,044
Year Built
- Built in 1960
Lot Details
- 7,405 Sq Ft Lot
- Lake Front
- Property fronts a private road
- Lot Sloped Up
Home Design
- Raised Ranch Architecture
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,306 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Water Views
Kitchen
- Gas Cooktop
- Stove
- Freezer
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 35 Car Parking Spaces
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Deeded Waterfront Access Rights
- Beach Access
- Boat or Launch Ramp
- Deck
- Shed
Schools
- Ernest P. Barka Elementary School
- Gilbert H. Hood Middle School
- Pinkerton Academy High School
Utilities
- Pellet Stove burns compressed wood to generate heat
- Heating System Uses Gas
- Generator Hookup
- 100 Amp Service
- Propane
- Private Water Source
- Drilled Well
- Septic Tank
- Private Sewer
- Leach Field
- Phone Available
- Cable TV Available
Community Details
- Community Boat Launch
Listing and Financial Details
- Legal Lot and Block 1 / 031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Jan 22, 2025
Sold by
Hoitt Walter B and Hoitt Donna L
Bought by
Winegar Sarah E and Winegar Matthew J
Seller's Agent
Sarah Scanlan
BHG Masiello Atkinson
Buyer's Agent
Sandi Feeney
Coldwell Banker Realty Andover MA
List Price
$399,900
Sold Price
$348,000
Premium/Discount to List
-$51,900
-12.98%
Views
307
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,086
Avg. Annual Appreciation
11.86%
Original Mortgage
$402,068
Outstanding Balance
$399,161
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
-$12,075
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $348,000 | None Available | |
| Warranty Deed | $348,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $402,068 | FHA | |
| Closed | $402,068 | FHA |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2025 01/22/25 | Sold | $348,000 | -7.2% | $266 / Sq Ft |
| 11/02/2024 11/02/24 | Pending | -- | -- | -- |
| 10/29/2024 10/29/24 | Price Changed | $374,900 | -6.3% | $287 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $399,900 | -- | $306 / Sq Ft |
Source: PrimeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,102 | $380,000 | $208,400 | $171,600 |
| 2023 | $7,044 | $340,600 | $201,300 | $139,300 |
| 2022 | $6,455 | $339,000 | $201,300 | $137,700 |
| 2021 | $6,004 | $242,500 | $148,800 | $93,700 |
| 2020 | $5,902 | $242,500 | $148,800 | $93,700 |
| 2019 | $5,271 | $201,800 | $117,800 | $84,000 |
| 2018 | $5,458 | $209,700 | $117,800 | $91,900 |
| 2017 | $5,025 | $174,100 | $89,500 | $84,600 |
| 2016 | $4,711 | $174,100 | $89,500 | $84,600 |
| 2015 | $4,119 | $140,900 | $89,500 | $51,400 |
| 2014 | $4,145 | $140,900 | $89,500 | $51,400 |
| 2013 | $4,065 | $129,100 | $82,000 | $47,100 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Scanlan
-
Sandi Feeney
Buyer's Agent in 2025
Sandi Feeney
Coldwell Banker Realty Andover MA
(978) 689-5411
3 in this area
30 Total Sales
Map
Source: PrimeMLS
MLS Number: 5016893
APN: DERY-000059-000000-000031
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Copyright 2025 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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